So I work for a large bank in the United States. Me and my coworkers always joke that whenever something bad or inconvenient happens it’s the CEOs fault. Though it’s just a running joke it got me thinking, on a day to day basis what does a CEO actually do? I get the “Chief Executive Officer” nomenclature means they more than likely make executive decisions but what does that look like? Are they at their desk signing papers all day? Death by meeting?
Edit: Holy crap thanks for all the answers I feel like this sub always pulls through when I have a weird question. Thanks guys!
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CEOs are one of the most important positions on a bank for themselves.
You see, sometimes they need money that month, so they go say something cool, the stock prices go up and they sell their stock.
Other times, they need money for later, so they say something uncool, the stock price goes down, and then they can buy stocks from the investors to later say something cool and sell them to new investors.
Rich law abiding people, one day the government will make armed robbery legal and we will be able to be rich law abiding people too.
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